Brexit delay will harm long-term economic outlook, says Bank
by Phillip Inman from Economics | The Guardian on (#4F028)
Deputy governor of Bank of England says UK faces longest fall in business investment since second world war
A senior Bank of England policymaker has warned more delay to Brexit could further depress business investment and damage the long-term economic outlook.
The Bank's deputy governor, Ben Broadbent, said a delay beyond the new deadline of 31 October would harm Britain's prospects as it faced the longest run of falling business investment since the second world war.
(May 23, 2019)
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